Marco Ryan steps down from Fortum’s Board of Directors

FORTUM CORPORATION STOCK EXCHANGE RELEASE 1 AUGUST 2019 AT 9:00 EET

Marco Ryan, member of Fortum’s Board of Directors, has announced his resignation from the Board following his recent appointment at the energy company BP.

Following the resignation of Mr Ryan, Fortum's Shareholders' Nomination Board has evaluated the Board of Directors' ability to function, and concludes, based on the recommendation of the Board of Directors, that the Board has full capacity to continue in its current composition until the 2020 Annual General Meeting.

Fortum Corporation

Ingela Ulfves

VP, Investor Relations and Financial Communications

Further information:
Sirpa-Helena Sormunen, Secretary to the Board of Directors, General Counsel,
tel. +358 10 452 5350 

Fortum

Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2018, our sales were EUR 5.2 billion and 57% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

About Us

FortumFortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India. In 2019, our sales were EUR 5.4 billion and 59% of our electricity generation was CO2 free. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

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